NASDAQ Market Analysis for July 30, 2026

[OveFinance]

NASDAQ Market Analysis for July 30, 2026​

NASDAQ broke out of the previously identified range yesterday.
It is currently testing the 1/2 level; a clean breakout above this level would signal the conclusion of the bearish trend and close out balances in the 27960 zone.

Crocs (NASDAQ:CROX) exceeded sales expectations for the second quarter of 2026. However, the stock fell by 12.7%.

Columbus McKinnon (NASDAQ:CMCO) reported strong performance for the second quarter of fiscal year 2026. Shares of the company rose by 27.3%.

Explore more in the NASDAQ-100 Trading Hub →

 

[OveFinance]

NASDAQ Market Analysis​

NASDAQ is currently testing key levels, and I anticipate that we may test the full margin zone of the current bullish cycle.

The Initial zone at the 28290 level serves as strong resistance.

Should we break above this level, the next potential targets are in the 28500 and 28580 areas.